Magdala Road, Nottingham

Overview

The building has been thoughtfully converted to provide four spacious four-bedroom apartments and one three-bedroom apartment, each benefiting from its own HMO licence and currently let to professional tenants. This established configuration provides a strong combination of scale, flexibility and existing rental income, making the property particularly well suited to investors seeking a substantial residential investment.
ESTABLISHED ANNUAL INCOME
The property currently generates just under £98,000 per annum in rental income, providing an established and substantial income stream across the five separately licensed apartments.
With all five apartments currently occupied by professional tenants, the property offers an investor the opportunity to acquire an established, income-producing asset with the existing rental structure already in place.
Retaining an attractive wealth of period character, the building presents an impressive façade and considerable architectural presence, with generously proportioned accommodation arranged across the property. The individual apartments provide practical accommodation suited to the professional rental market, whilst the overall scale of the building creates an investment opportunity rarely available in such a prominent period property.
Each of the five apartments is separately HMO licensed, providing a clear and established rental structure. The property therefore combines the character and presence of a substantial period building with the income-generating potential of five independently operated apartments.
The property may also offer longer-term investors the opportunity to review the existing configuration and consider future potential, subject to the necessary planning, licensing and statutory consents.